The Ghana Ministry of Finance has engaged large-scale mining companies as part of the implementation of the Ghana Accelerated National Reserve Accumulation Policy, a government initiative aimed at strengthening external reserves and supporting a more stable cedi. The discussions focused on reinforcing Ghana’s external buffers through a reformed gold acquisition framework, together with stronger compliance mechanisms and greater regulatory oversight. The meeting was co-chaired by Finance Minister Dr. Cassiel Ato Forson and Lands and Natural Resources Minister Emmanuel Armah-Kofi Buah, and brought together stakeholders across the mining value chain, including large-scale mining companies, the Chief Executive Officer of the Ghana Gold Board, and officials from the Minerals Commission. The government presented GANRAP as a central part of its strategy to build a stronger reserve position, reduce vulnerability to external shocks, and enhance currency stability over the medium term.
Ministry of Finance (Ghana) 2026-05-05
Ghana Ministry of Finance engages large-scale mining companies on GANRAP gold acquisition reforms to strengthen reserves
The Ministry of Finance (Ghana) has engaged large-scale mining companies on implementing the Ghana Accelerated National Reserve Accumulation Policy to strengthen external reserves and support a more stable cedi. Discussions focused on a reformed gold acquisition framework, stronger compliance mechanisms, and enhanced regulatory oversight as central elements of the government’s strategy to build reserves, reduce vulnerability to external shocks, and improve medium-term currency stability.